Lending
An analyst drops a borrower's tax returns into the file. Woork spreads the financials, computes the coverage ratios and the risk rating, and carries them into pricing and the portfolio, so the numbers that win the deal are the same ones the examiner sees. Origination, credit, and portfolio on one record, not three systems and a spreadsheet.
Why it's different
Financials sheet in, get spread and stored, and flow straight into pricing and risk rating. The hardest operational problem in C&I lending, solved at the platform layer.
Origination, credit, and portfolio in one tenant. Commercial and residential in the same system, different workflows, not different forks.
Spreads are calculated, stored, and linked to the source document, and they feed pricing models and the risk rating directly.
Concentration limits, CECL reserves, and CRE stress testing carry with every loan from day one, not in a quarterly extract.
Underwriting & approvals
Every loan moves through the queue under an SLA, with dual control and rule-based decision gates, so nothing sits, and nothing ships without the checks.
Time-to-decision is visible on every loan, with overdue flags. Officers see the bottleneck, not a black box.
One analyst rates, a second officer approves. Rule-based gates check DTI floors, collateral, and concentration before approval.
A pricing modeler with a risk-adjusted-return waterfall and sensitivity grid, submitted straight to approval.
Decisions run a fair-lending check that flags disparate-impact risk before the loan ships.
Financial spreading
Tax returns and statements come in, the P&L, balance sheet, and multi-year cash flow are spread, and the ratios feed underwriting, with a link back to the source document.
Drill from the in-flight applications list to a full spread, with income, EBITDA trend, and coverage ratios.
Cash flow modeled across years and rate scenarios, with covenant test thresholds shown as bands.
A 1-to-9 matrix across leverage, coverage, management, and collateral, auto-computed or overridden.
AI extraction reads the returns to seed the spread. Multi-year stacking is rolling out.
Portfolio & risk
Concentration limits, CECL reserves, CRE stress testing, and covenant ticklers, so the book's risk is visible the day a loan is booked, not at the next exam.
Exposure by industry, geography, and loan type, with gating when a limit would be breached.
Probability-of-default by segment and loss-given-default assumptions, with a peer benchmark to sanity-check it.
Model cap-rate, occupancy, and rent shocks and see the DSCR impact against the covenant minimum.
Upcoming covenant tests and annual reviews with alerts at 60, 30, and 7 days, and overdue tracking.
Residential & syndications
The same platform runs a homeowner's mortgage and a syndicated facility across nine banks.
1003 capture, HMDA fields, appraisal review, and a compliance tracker (QM, ATR, rate lock). Apply-online portals are rolling out.
Demographic data for fair-lending reporting is firewalled in a restricted, steward-only store, separated from the credit decision.
Note, mortgage, deed of trust, and loan agreement generated per product and jurisdiction, with TRID timing.
Lead arranger, participant list, commitment forms, and a secure document vault with an NDA-gated information memorandum.
Performance reports, rate resets, and amendment notices, with secure messaging threads per topic.
Reviews and downgrades route to treasury for re-pricing, so the book stays current.
Talk to us
Tell us what you're building. We'll show you Woork on your own use case, apps, agents, and integrations, governed by default.
Not a canned demo. We'll stand up your use case on the platform so you can see the real thing.
You'll speak with someone who can actually architect it, forward-deployed, hands on the keys.
See how fast a governed, enterprise-grade app ships, days, not months.
Prefer email? hello@dowoork.com